Hero MotoCorp's first overseas plant begins operations
The Dollar Business Bureau The world’s largest two wheeler manufacturer Hero MotoCorp on Wednesday announced that it has begun operations at its new manufacturing plant in Colombia. With its first manufacturing plant outside of India, Hero MotoCorp aims to produce 80,000 units each year. The agenda is to increase production capacity to 150,000 units per year in the next phase. The plant will manufacture ten best-selling products of Hero motorcycles and scooters. "It is a historic milestone for Hero MotoCorp as this facility in Colombia is our first plant outside of India. This facility will be a key resource for us as we plan to further consolidate our market position with a range of products across segments,” said Pawan Munjal, Chairman ...
